Recent events in international capital markets has had major impact on the ongoing rollout of Public Private Partnerships (PPPs) and slowed their use. Capital has been hard to source especially for projects over $300 million, the patronage risk model for economic infrastructure is no longer available, debt is more expensive than it was 18 months ago and credit risk insurance is no longer readily available. This has affected bidmarkets and slowed the delivery of new infrastructures with longer-term implications for economic performance across the whole economy.
|Title of host publication||Proceedings of RICS COBRA 2013 (online)|
|Publisher||Royal Institute of Chartered Surveyors (RICS)|
|Number of pages||8|
|Publication status||Published - 2013|
|Event||Royal Institution of Chartered Surveyors, COBRA 2013 - New Delhi, New Delhi, India|
Duration: 10 Sep 2013 → 12 Sep 2013
|Conference||Royal Institution of Chartered Surveyors, COBRA 2013|
|Abbreviated title||RICS COBRA 2013|
|Period||10/09/13 → 12/09/13|
Regan, M., Smith, J., & Love, P. (2013). Financing mechanisms for public private partnerships: Australian experience. In C. Eriksson (Ed.), Proceedings of RICS COBRA 2013 (online) (pp. 1-8). Royal Institute of Chartered Surveyors (RICS).